CDL’s latest effort comes amidst a sudden slow down in Singapore’s property marketplace. In an attempt to boost sales, several property developers here have been advertising their projects to foreign buyers, and becoming creative, including offering prizes and excursions.
Responding to media queries, a CDL spokesman is a first by any developer in Singapore, and told PropertyGuru that the promotion was rolled out in support of the national We Support NS effort.
“CDL has consistently supported all facets of NS. As a Singapore firm, we consider that defending our homeland starts with having a stake in Singapore. And nothing underscores this more than possessing one’s house,” the spokesman said.
The reduction is valid for all full time servicemen (NSF), Regulars and NS guys (Reservists) in the Singapore Armed Forces, and NSF and NS guys from the Singapore Police Force and Singapore Civil Defence Force.
Although CDL didn’t disclose how much of a special reduction buyers would get, a source told PropertyGuru that for projects found in the Outside Central Region (OCR), like Pasir Ris, buyers usually have reductions of up to five percent.
The source added that reductions offered for developments found in the city outskirt could be higher, like in the instance of Potong Pasir.
The Special NS Promotion is limited simply to 3 and 2 July. Before determining whether to prolong the span of the promotion We will judge the result,” noted the spokesman.
There is also an upcoming condo launching soon at Lorong Lew Lian By CDL, Forest Woods
Update: New Upcoming launches at Paya Lebar, Park Place Condo